The biggest mistakes first-time investors can make
No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...
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The suburb’s capital gain of 4.42% for the past year is higher than average compared to its 15.24% growth within a five-year period.
Also in OAKLANDS PARK, the median home price is sitting at $472,500, and the average rent at $402.5, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.
Property investors have seen a 0.43% gain in OAKLANDS PARK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.27% growth over a ten-year period. It ranks 2831st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $472,500 | $313,100 |
| GROWTH REPORT | ||
| Median Quarterly | 0.43% | 2.82% |
| Median 12 month | 4.42% | -3.66% |
| Median 3 years | 7.39% | 6.14% |
| Median 5 years | 15.24% | 6.14% |
| 10 years average annual | 2.27% | 1.22% |
| Weekly media advert. rent | $402.5 | $315 |
| Time on Market | 61.5 days | 54.0 days |
| Gross Rental Yield Percent | 4.43% | 5.23% |
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